SEC approves in-kind creations for spot Bitcoin, Ethereum, and XRP ETFs

🚨 SEC approves in-kind creations for Bitcoin, Ethereum, and XRP spot ETFs.
💰 Spot crypto ETFs can now use both cash and crypto transfers to create or redeem shares.
📊 Inflows to a $XRP ETF can lead to actual onchain XRP purchases for institutional custody.
🪙 Spot ETF shares grant exposure, but direct crypto withdrawals remain unavailable to investors.

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